The financial dealings will be done via a $1trillion Sharia-complaint bond or sukuk, according to IBC. The IBC Group is bankrolled by global banking and finance leader, Khurram Shroff, who said that the Group believes in interfaith harmony and catering to all beliefs. “For the Muslim traveller, providing Shariah-compliant vacation homes with standardised Qibla direction and prayer mats in each of our apartments will enhance our offerings in this sector.”

IBC, which has been operational in UAE since 2014, hopes that its partnership with BHHS will fuel its growth as a major driver and influencer in the region and in turn foster more growth and confidence in the Middle east’s flourishing real estate industry.

Deepa Rajan wanted to be a lawyer, so she became a journalist. As a sub-editor her favourite thing to do was rewrite copies. Now, a 15-plus-years career later, she spends time rewriting her own copies. Deepa loves the Oxford comma and binge-watching shows when not serving as a “Tell Me Why” encyclopaedia to her 5-year-old. Write to Deepa at: [email protected]

Deepa Rajan wanted to be a lawyer, so she became a journalist. As a sub-editor her favourite thing to do was rewrite copies. Now, a 15-plus-years career later, she spends time rewriting her own copies. Deepa loves the Oxford comma and binge-watching shows when not serving as a “Tell Me Why” encyclopaedia to her 5-year-old. Write to Deepa at: [email protected]

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